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Canuc Resources Corp.
Summary
| Project: | San Javier | |
|---|---|---|
| Deposit: | San Javier | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 9/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-9-2017: Canuc Resources Corp. announces an Exploration/Drilling Update report for its San Javier deposit at the San Javier project. Drilling results incl. 14m @ 3.83g/t Au, 1000g/t Ag, 8.2% Pb, 0.8% Zn. Toronto, Ontario--(Newsfile Corp. - September 12, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Nebocat (Internal) | |
| ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - September 12, 2017) - Canuc Resources Corporation (TSXV: CDA) announces initial results from the Phase I drill program being conducted on the Company's San Javier Silver-Gold Project in Sonora State, Mexico. A total of 7 holes have been drilled, testing the Santa Rosa vein (SRV) over a strike length of 430 m northeastsouthwest. The SRV has been confirmed in all holes for a current strike length of 430 m and is open to the northeast, southwest and at depth. Most assays are still pending. Drill hole SJ17-001 intersected the SRV between 161.35 m and 165.70 m depth, yielding a weighted average of 202 g/t Ag, 0.57 g/t Au, 2.66% Pb and 2.57% Zn over 4.35 m. The SRV, and associated hydrothermal breccias, occur within porphyritic, andesitic volcanics. The volcanics are host to epithermal-style sulphide mineralization and late-stage, low temperature quartz +/- barite veining. Narrow, isolated veins occur in various locations above the SRV, yielding values ranging up to: 14.6 g/t Au, 2.45% Zn; 1.15 g/t Au, 368 g/t Ag, 8.97 % Pb, 10.0% Zn; and 1.17 g/t Au, 908 g/t Ag, 2.28% Pb, 3.46% Zn. Hole SJ17-004, collared 245 m west of SJ17-001, intersected the SRV and breccias between 69.55 m and 80.0 m depth. It manifests as an upper silver-rich zone that averages 326 g/t Ag over 3.32 m, and a lower gold-rich level that averages 1.74 g/t Au over 6.0 m, including 4.24 g/t Au over 2.0 m. The lower zone also contains a 3.15 m interval that averages 1.25% Zn. | |
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